The government said it has initiated action for removal of Allahabad Bank chief executive officer and two executive directors of Punjab National Bank after Central Bureau of Investigation filed chargesheet against them in connection to fraud at PNB involving diamond trader Nirav Modi. The voluminous chargesheet names 25 accused including Usha Ananthasubramanian, MD & CEO of Allahabad Bank, two Executive Directors of PNB, Brahmaji Rao and Sanjeev Saran and its General Manager Nehal Ahad and Modi's three firms - Stellar Diamonds, Solar Exports and Diamond R' US.

Meanwhile, RBI advised Allahabad Bank to restrict expansion of risk-weight assets and to reduce exposure to un-rated and high-risk loans after it reported Rs 3510 crore net loss in the fourth quarter, largely owing to the exposure it had on the PNB-Nirav Modi fraud. Before PNB filed the complaint with the CBI, both Modi and Choksi had left the country. The second and third FIRs focus on Choksi, Gitanjali Gems and others.

Centre is taking steps to oust three bank executives, its banking secretary said on Monday, after police issued a list of people accused in the country's largest-ever bank fraud case. The chargesheet detailed the alleged role of PNB's former chief Ananthasubramanian in the scam.

Seven employees of Modi's group of companies - Hemant Bhat, an authorised signatory; Vipul Ambani, President (Finance) of Firestar International; Miten Pandya, then Finance Manager of Firestar; Manish Bosamiya, former AGM of Firestar; Subhash Parab, key Executive (currently absconding); and Arjun Patil and Kavita Mankikar - were also named in the chargesheet.

The 47-year-old's high-end eponymous Nirav Modi brand has stores in several of the world's major cities. It said top honchos of Punjab National Bank (PNB) "misrepresented" the factual position on letters of understanding (LoUs) to the RBI and ignored its warnings when credit facilities worth over $2 billion were fraudulently cleared by its branch in Mumbai. Ananthasubramanian was the CEO of the PNB at that point in time, said the CBI.

Ananthasubramanian was the MD and CEO of PNB from 2015 to 2017 - a period mired in controversy because of the scam- and was questioned recently by the CBI in connection with the case.

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This bombing comes just a day after a deadly wave of attacks on churches in the city which was staged by another family. Karnavian said the father drove a bomb-laden auto into the city's Pentecostal church.

The projectile fired by the suspect had multiple pellets, commonly called a "snake shot", according to sheriff's officials. The manager also said the employee appeared to have a BB gun tucked into his waistband, according to sheriff's officials.

April was the sixth straight month in which inflation was higher than the Reserve Bank of India's medium-term target of 4 percent. It said , Inflation in fruits was in double digits at 19.47 per cent in April, up from 9.26 per cent in the previous month.

The reality star is pictured attending the Vanity Fair Oscar Party on March 4, 2018 in Beverly Hills, California. It seems that the two are still not on good terms after Caitlyn left Khloe out of her Mother's Day tribute.

If not off to Ferrari in 2019, Haas might be eager to have the young star in their vehicle instead of an underperforming Grosjean. Esteban Ocon, who ran a good race till a delayed pit-stop ruined his chances, had to retire after his auto ran out of power.

Nobody was hurt in the incident, it said, adding that Korean officials plan to send staff to Istanbul to investigate the incident. Passengers were offered accommodation at nearby hotels some six hours after the accident occurred, according to reports.

According to ABC , the father of two met with several of the students including outspoken activists David Hogg and Emma Gonzalez . Four people were killed after a gunman stormed into the Waffle House early that morning, firing an assault-style rifle.

We always wondered how it would do if it was given a better opportunity and prioritized more in terms of a network's agenda. Walden emphasized that " Last Man " was a self-starter for ABC during its six-season run with little promotional support.

About 2.38M shares traded or 130.48% up from the average. (NYSE:TCI) has risen 81.96% since May 13, 2017 and is uptrending. Keefe, Bruyette & Woods restated a "buy" rating on shares of Wells Fargo in a report on Tuesday, January 16th.

Rookie sensation Charles LeClerc earned his second points finish of the season in 10th place, behind Sergio Perez's Force India . His 1:18.441 was more than three seconds faster than the previous record - a 1:21.670 - set by Kimi Raikkonen in 2008.

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